£342,080
This estimated value is based upon the latest sale price for the house of £340,000 on 16 Aug 2023. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £340,000 | 16 Aug 2023 |
| £390,000 | 3 Apr 2019 |
| £112,500 | 28 Oct 2016 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 sq feet |
This model uses changes in the Official Land Registry House Price Index for MIDDLESBROUGH to estimate the market value.
When this house was purchased in August 2023 the House Price Index for MIDDLESBROUGH was 147.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.612%.Applying this 0.612% change to the original purchase price of £340,000 results in an estimated price of approximately £342,080.
| 16 Aug 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.1 | 148.0 | 0.612 % | £340,000 | £2,080 | £342,080 |
The Postcode Pricing Model uses changes in average sales price within the TS1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 97.620 % | £331,908 | £671,908 |
| 3 Month Average | 4.704 % | £15,994 | £355,994 |
| 6 Month Average | -3.560 % | £-12,104 | £327,895 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £40,770 | £39,999 | 22 EGERTON STREET |
| 22 Nov 2023 | £35,455 | £35,000 | 1 THISTLE STREET |
| 16 Aug 2023 | £342,080 | £340,000 | 131 SOUTHFIELD ROAD |
| 14 Jul 2023 | £131,241 | £130,000 | 113 VICTORIA ROAD |
| 10 Jul 2023 | £60,573 | £60,000 | 8 EGERTON STREET |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 27 Nov 2017. Using an estimated price of £342,080 means this house is valued at £3,353 per sq meter (£311 per sq foot).
The average size of a house on SOUTHFIELD ROAD is 196 sq meters (2,113 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Thistle Street |